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  • $490,000

    2531 E 10th St, Indianapolis, IN 46201

    10beds
    7baths
    --sqft
    Multi Family, Quadruplex
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,967 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,967/mo

    Zestimate® history
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    $3,056/mo

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    What's special

    Unlock the ultimate investment opportunity with this updated 4-unit property, strategically located just minutes away from downtown Indy. Offering the perfect scenario for savvy buyers interested in house hacking or exploring Airbnb hosting, this property combines prime location with income-generating potential. Live comfortably in one unit while virtually eliminating your housing expenses by renting out the remaining three units. Unit A is currently occupied at $1,200 per month, Unit B commands $1,100 per month in rent, while Unit C, currently vacant, is being marketed at $1,200 per month, with multiple applicants eagerly awaiting approval. Similarly, Unit D, also vacant, is being marketed at $800 per month, with several prospective tenants vying for occupancy. With current market rents on the rise, seize the opportunity to generate substantial monthly income while simultaneously building equity in a sought-after neighborhood. Each unit has been meticulously updated, ensuring hassle-free living for tenants and effortless management for landlords. Delve into the attached list outlining the recent enhancements and comprehensive details on each unit, showcasing the value and investment potential this property holds. With a proven track record as a solid rental property, this is a rare opportunity to embrace the concept of house hacking or capitalize on the lucrative Airbnb market. Don't miss out on this chance to turn your homeownership dreams into reality while paving the way to financial independence.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Bryce Higgins 317-727-7887,

    eXp Realty, LLC

    Bought with:

    Bailey Braunecker

    eXp Realty, LLC

    Forde Ness

    eXp Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 21978541MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 7
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Features
    • Basement: Cellar

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    • Details: Unit Parking(Parking Lot)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 491005109012000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Quadruplex
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1910

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: S M Houstons Sub May Wasson & Cos Highland Park

    Price history

    DateEventPrice
    6/14/2024Sold$490,000-2%
    Source: MIBOR as distributed by MLS GRID #21978541 Report a problem
    5/12/2024Pending sale$499,999
    Source: MIBOR as distributed by MLS GRID #21978541 Report a problem
    5/9/2024Listed for sale$499,999+5455.5%
    Source: MIBOR as distributed by MLS GRID #21978541 Report a problem
    4/28/2016Sold$9,000+50%
    Source: Public Record Report a problem
    8/11/2003Sold$6,000
    Source: MIBOR as distributed by MLS GRID #2246454 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,405 +66.3%$360,600 +33.6%
    2024$3,852 +27.9%$269,900 +66.2%
    2023$3,013 +15.3%$162,400 +27.3%
    2022$2,614 -3.9%$127,600 +12.6%
    2021$2,719 +2.5%$113,300 -3.5%
    2020$2,654 -0.9%$117,400 +4.4%
    2019$2,678 +10.4%$112,400
    2018$2,425 -61.1%$112,400 +3.9%
    2017$6,232 +176.6%$108,200 +5.8%
    2016$2,253 +2.6%$102,300 +0.7%
    2014$2,197 +19.5%$101,600
    2013$1,838 $101,600 +2.3%
    2012$1,838 $99,300 -8.6%
    2011-- $108,700
    2010$1,149 +1.4%$108,700
    2009$1,133 $108,700
    2007-- $108,700
    2006-- $108,700
    2005-- $108,700
    2004-- $108,700

    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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